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101 Rainbow Cir; Madison, AL Property Details

101 Rainbow Cir, Madison, AL is a Single Family that was built in 1964. This property is currently a cash purchase and is not for sale. Our records show that 101 Rainbow Cir has 4 bedrooms, and 1 bathroom, and a total of 1,870 square feet. The lot size of 101 Rainbow Cir is 21,867 square feet.

Off market
101 Rainbow Cir Madison, AL 35758
$300,000 Listing Price
4 Beds
1 Baths
1,870 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1964
  • Purchase Price: $154,200
  • Open Loans / Balance: 1 / $247,868
  • Est. Equity / %: $74,132 / 23.02%
  • Gross Yield: 6.019%
  • APN: 15-08-28-1-002-012.000
  • Situs County: Madison
  • Length Of Ownership: 3 years, 2 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1

Structure

  • Building Style: Wood
  • Floor Cover Type: Hardwood
  • Stories: 1
  • Exterior Wall Type: Brick
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Good
  • Roof Type: Gable Or Hip
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,870/SqFt
  • Lot: 21,867/SqFt
  • Living: 1,870/SqFt
  • Building: 1,870/SqFt
  • Ground: 1,870/SqFt
  • Price Per Square Foot: $82.46

Legal Description

  • Description: SEC 28 T3S R2W COM AT THE CEN OF SEC 28 TH S 88 DEG E 1357.95 FT TH N 01 DEG E 199.55 FT TH N 31 DEG W 59.85 FT TH N 05 DEG W
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Madison City School District
  • Lat / Lon: 34.752632 / -86.7365
  • Subdivision: Rainbow 2nd Add
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Plus Four: 8222
  • Bathroom Fixtures: 2
  • Cooling: Yes
  • Garage: Garage
  • Heating: Forced air unit

Ownership Info

101 Rainbow Cir has no associated ownership info
101 Rainbow Cir has no associated ownership info.

Taxes

101 Rainbow Cir has 10 associated Taxes items

101 Rainbow Cir, Madison, AL pays taxes in Madison County, AL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $24,340. The APN we've located for 101 Rainbow Cir is 15-08-28-1-002-012.000.

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Taxes
  • Assessed Value:  $24,340
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  15-08-28-1-002-012.000
  • Assessed Land Value:  2260
  • Market Land Value:  22500
  • Tax Amount:  1653.63
  • Tax Year:  2025
  • Market Value:  243300
  • Market Year:  2025

Tax History

101 Rainbow Cir has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $24,340 Land Value $2,260 Improvement Value $22,080 Tax Amount $1,653.63 Change Rate +0.071129% Assessed CR Tax Rate +0.067939%
Year 2024 Assessed Value $22,760 Land Value $2,260 Improvement Value $20,500 Tax Amount $1,543.82 Change Rate -0.283461% Assessed CR Tax Rate +0.06783%
Year 2023 Assessed Value $30,840 Land Value $4,500 Improvement Value $26,340 Tax Amount $2,154.55 Change Rate +0.127269% Assessed CR Tax Rate +0.069862%
Year 2022 Assessed Value $27,340 Land Value $4,500 Improvement Value $22,840 Tax Amount $1,911.3 Change Rate +0.06589% Assessed CR Tax Rate +0.069909%
Year 2021 Assessed Value $25,640 Land Value $4,500 Improvement Value $21,140 Tax Amount $1,793.15 Change Rate +0.020569% Assessed CR Tax Rate +0.069936%
Year 2020 Assessed Value $25,120 Land Value $3,980 Improvement Value $21,140 Tax Amount $1,757.01 Change Rate +0.207094% Assessed CR Tax Rate +0.069945%
Year 2019 Assessed Value $25,120 Land Value $3,980 Improvement Value $21,140 Tax Amount $1,455.57 Change Rate +0.035168% Assessed CR Tax Rate +0.057945%
Year 2018 Assessed Value $24,260 Land Value Improvement Value Tax Amount $1,406.12 Change Rate Assessed CR Tax Rate +0.05796%
Year 2017 Assessed Value $24,260 Land Value Improvement Value Tax Amount $1,406.12 Change Rate Assessed CR Tax Rate +0.05796%
Year 2016 Assessed Value $24,260 Land Value Improvement Value Tax Amount $1,406.12 Change Rate +1.130323% Assessed CR Tax Rate +0.05796%
Year 2015 Assessed Value $12,140 Land Value Improvement Value Tax Amount $660.05 Change Rate -0.01382% Assessed CR Tax Rate +0.05437%
Year 2014 Assessed Value $11,640 Land Value Improvement Value Tax Amount $669.3 Change Rate Assessed CR Tax Rate +0.0575%